Question: 6. Floating-rate notes (FRN) A. B. reference rate (e.g. LIBOR). C. experience very volatile price changes between reset dates. are typically medium-term bonds with coupon

6. Floating-rate notes (FRN) A. B. reference rate (e.g. LIBOR). C.

6. Floating-rate notes (FRN) A. B. reference rate (e.g. LIBOR). C. experience very volatile price changes between reset dates. are typically medium-term bonds with coupon payments indexed to some appeal to investors with strong need to preserve the principal value of the investment should they need to liquidate prior to the maturity of the bonds. D. both b and c

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